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CBN To Commit N100Bn To Revival Of Cotton, Textile, Ginning Industry

The Central Bank of Nigeria (CBN) on Tuesday said that it would support the ongoing plans to reactivate the moribund cotton, textile and ginning producing companies with about N100 billion, saying that so far a loan of N19.18 billion has been approved for nine cotton producing firms to revive their processing plants. The CBN Governor, […]

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Emefiele Emerges WAMZ Chairman, Harps On Single Currency Benefits

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, was on Thursday elected the Chairman of the West Africa Monetary Zone (WAMZ).. In his post-election speech given election at the ongoing sub-regional meeting in Abuja, Emefiele, pointed out that as desirable to the sub-regional economic integration and sustainable growth as the ECOWAS single currency […]